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Lomas de Cabo Roig, Residencial Villas Santa Ines, Detached villa facing South with a plot of 130 m2 and a house on two floors plus a basement of 135 m2, the house has 4 bedrooms (the two on the upper floor each with its own independent terrace), 2 bathrooms, toilet, large living room, large independent kitchen with closed gallery, and a large terrace, it has an entrance for a small car and space to build your own pool, the house is sold furnished and with air conditioning, the residential has a communal pool
Property Features
- 4 bedrooms
- 2 bathrooms
- 135m² Build size
- 130m² Plot size
- Air-Conditioning
- Entrance Hall
- Community Pool
- Garden
- Parking
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,500€
Final Payment of 90% on completion
265,500€
Property Purchase Expenses
Property price
295,000€
Transfer tax 8%
23,600€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.